Highlights for Investors:
- Enphase Energy (ENPH, Financial) is poised to announce significant Q1 earnings, with analysts predicting a 37% year-over-year growth in earnings per share.
- The stock's average price target suggests a potential upside of over 41% from its current trading price.
- GuruFocus's GF Value metric forecasts a notable increase in ENPH's valuation, signifying potential strong growth.
Enphase Energy: Anticipated Earnings and Growth Outlook
Enphase Energy (ENPH), based in California, is gearing up to disclose its first-quarter earnings on April 22. Analysts are predicting revenues of $361.18 million with earnings reaching $0.72 per share, marking a substantial 37% growth compared to the same period last year. This anticipated increase is driven by robust microinverter sales coupled with strategic global product launches. Despite previous hurdles in consistently surpassing expectations, the current momentum suggests a positive trajectory.
Wall Street Analysts' Forecast for ENPH
According to 34 analysts, the average one-year price target for Enphase Energy Inc (ENPH, Financial) stands at $72.19, with projections ranging from a high of $105.00 to a low of $44.00. The median target price indicates a potential upside of 41.32% from the current price of $51.08. For a deeper dive into these estimates, investors can refer to the Enphase Energy Inc (ENPH) Forecast page.
The consensus among 40 brokerage firms places Enphase Energy Inc (ENPH, Financial) at an average recommendation of 2.8, categorizing it as a "Hold". This rating uses a scale where 1 implies a Strong Buy, and 5 suggests a Sell.
Evaluating ENPH's Valuation with GuruFocus Metrics
GuruFocus provides an insightful GF Value estimation for Enphase Energy Inc (ENPH, Financial), projecting a value of $105.13 in one year. This estimation indicates a promising upside of 105.81% from its current price of $51.08. The GF Value serves as an assessment of fair market value, derived from historical trading multiples, prior business growth, and future business performance forecasts. For exhaustive details, investors are encouraged to visit the Enphase Energy Inc (ENPH) Summary page.
